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Bullboard - Stock Discussion Forum Southern Silver Exploration Corp. V.SSV

Alternate Symbol(s):  SSVFF

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas and Oro. The Cerro Las Minitas property is a silver- lead-zinc... see more

TSXV:SSV - Post Discussion

Southern Silver Exploration Corp. > Free Trading Share Effect?
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Post by Scorpio2 on Jan 02, 2021 12:54pm

Free Trading Share Effect?

with 50 million shares free trading as of Dec 17/20 does anyone have a sense as to how these shares have been or will be digested by the marketplace? Looks like the shorters have placed their bets and are looking for lower prices.
Comment by Heywood_Silvers on Jan 02, 2021 1:48pm
Only an idiot would short silver as we are in the early innings of this precious metals bull market.  Mark my words, SSV will be one of the best performers in 2021.  Watch Larry Page's 6 minute CEO clip: https://www.youtube.com/watch?v=CXx-VTPCK8c Listen to what he plans to do for the shareholders and the Page family.
Comment by Inca2020 on Jan 02, 2021 3:04pm
What shorters?  Are you not understanding that new investors have swallowed up all of the free trading shares and warrants that are now more than double in the money? It really is incredible that the share price continues to effortlessly maintain the 50cent mark. To me it means that as many as there were dying to sell and lock in gains from the private placement... there were twice that ...more  
Comment by Scorpio2 on Jan 03, 2021 12:28am
Inca, what do you mean when you say "what shorters" ? Guess you are obviously not aware that there are 4.5 mm shares that remain as outstanding shorts. That is not an insignificant amount. Someone is betting that for whatever reason, the price is going lower. 
Comment by Inca2020 on Jan 03, 2021 1:29pm
on 221 million shares out... 4.5M shares or $2.25M CAD is a very small amount. I could give a number of reasons why there are any shorts but certainly it's not enough to even warrant attention.   
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